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4 Global Plc ( (GB:4GBL) ) has shared an announcement.
4GLOBAL Plc has announced a strategic transition from the Middle East to North America, impacting its financial performance for the year ending March 2025. The company expects revenue to be between £5.1m and £5.3m, with adjusted EBITDA between £0.9m and £1.0m. The shift has resulted in a significant increase in North American revenue, offsetting declines in the Middle East, and has led to the establishment of strong commercial relationships and multi-year contracts in its core markets. This transition is expected to improve long-term revenue and margins, with a focus on higher-margin, recurring revenue streams.
More about 4 Global Plc
4GLOBAL Plc is a company that empowers sports, fitness, and wellness organizations to make informed decisions through data and actionable insights. It operates the largest sport participation and facility database globally, providing a comprehensive view of physical activity patterns. The company serves both public and private sectors, including governments, sporting bodies, and health operators, with key markets in North America, the Middle East, and Europe. Founded in 2002 and listed on AIM in 2021, it is headquartered in London with offices in Miami and Istanbul.
YTD Price Performance: -21.51%
Average Trading Volume: 3,761
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £9.62M
For an in-depth examination of 4GBL stock, go to TipRanks’ Stock Analysis page.